| Schedule of the Company's Net Income (Loss) and Weighted Average Shares Outstanding |
The Company’s net income (loss) and weighted average shares outstanding for the three and six months ended June 30, 2026 and 2025 consist of the following: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | ($ in thousands except share amounts) | | 2026 | | 2025 | | 2026 | | 2025 | | | | | | | | | | | | | | | Basic and Diluted Net income (loss) available for Class A common shareholders | | $ | 14,588 | | | $ | 17,328 | | | $ | 17,194 | | | $ | 29,104 | | | | | | | | | | | | | | | | Weighted average shares outstanding: | | | | | | | | | | | | Basic | | 124,730,611 | | | 125,796,410 | | | 125,063,259 | | | 125,713,143 | | | | | Diluted | | 125,249,856 | | | 126,204,424 | | | 125,632,048 | | | 126,242,515 | | | |
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| Schedule of Calculation of Basic and Diluted Net Income (Loss) Per Share Amounts |
The calculation of basic and diluted net income (loss) per share amounts for the three and six months ended June 30, 2026 and 2025 consist of the following: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | (In thousands except share and per share amounts) (1) | | 2026 | | 2025 | | 2026 | | 2025 | | | | Basic Net Income (Loss) Per Share of Class A Common Stock | | | | | | | | | | | Numerator: | | | | | | | | | | | | Net income (loss) attributable to Class A common shareholders | | $ | 14,588 | | | $ | 17,328 | | | $ | 17,194 | | | $ | 29,104 | | | | Denominator: | | | | | | | | | | | | Weighted average number of shares of Class A common stock outstanding | | 124,730,611 | | | 125,796,410 | | | 125,063,259 | | | 125,713,143 | | | | | Basic net income (loss) per share of Class A common stock | | $ | 0.12 | | | $ | 0.14 | | | $ | 0.14 | | | $ | 0.23 | | | | | | | | | | | | | | | | Diluted Net Income (Loss) Per Share of Class A Common Stock | | | | | | | | | | | | Numerator: | | | | | | | | | | | | Net income (loss) attributable to Class A common shareholders | | $ | 14,588 | | | $ | 17,328 | | | $ | 17,194 | | | $ | 29,104 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Diluted net income (loss) attributable to Class A common shareholders | | 14,588 | | | 17,328 | | | 17,194 | | | 29,104 | | | | | Denominator: | | | | | | | | | | | | Basic weighted average number of shares of Class A common stock outstanding | | 124,730,611 | | | 125,796,410 | | | 125,063,259 | | | 125,713,143 | | | | | Add - dilutive effect of: | | | | | | | | | | | | | | | | | | | | | | | Incremental shares of unvested Class A restricted stock(1) | | 519,245 | | | 408,014 | | | 568,789 | | | 529,372 | | | | | | | | | | | | | | | | Diluted weighted average number of shares of Class A common stock outstanding (2)(3) | | 125,249,856 | | | 126,204,424 | | | 125,632,048 | | | 126,242,515 | | | | | Diluted net income (loss) per share of Class A common stock | | $ | 0.12 | | | $ | 0.14 | | | $ | 0.14 | | | $ | 0.23 | | | |
(2)There were 7,653 and 12,752 anti-dilutive shares for the three and six months ended June 30, 2026, respectively. (3)There were 10,482 and 16,869 anti-dilutive shares for the three and six months ended June 30, 2025, respectively.
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